is it too late for us to jump- start u.s. manufacturing? >> i don't think it is. i think it's very important to do so. a lot of innovation is what i would call innovation on the shop floor. it matters that you're exposed to the actual manufacturing to learn how to do things better. it's very good jobs. what we need to do is stop tying our hands behind our back. stop ridiculously litigation costs, stop the corporate tax system that is highly uncompetitive. stop health care mandates that are threatening business and stop policy uncertainty. no one is saying subsidize manufacturing. let the energies of the private sector work. >> susie: is there any more than the federal reserve can do? policy makers meet tomorrow. >> there's some more the federal reserve can do in terms of long-term asset purchases but i don't think there's much more the fed can do at this point. what this really requires is a more stable government policy environment. >> susie: if president obama called you up and said, i want your advice, what's the key take-away message you would like him to get